Production of electric vehicles (EVs) is expected to increase dramatically over the next several years to meet the rising demand fueled by changing consumer preferences, government mandates and tax incentives.
In 2021, EV sales in the U.S. more than doubled compared to the previous year, and the global EV market is projected to grow from around $287 billion in 2021 to roughly $1.3 trillion by 2028. That means there is significant growth opportunity for OEMs, suppliers and other automotive manufacturers.
To capture market share, manufacturers need to develop superior products that outperform the competition while providing a positive user experience. This is no easy feat given the complexity of eMobility applications.
At Precision Converting, we’ve helped numerous manufacturers develop eMobility solutions for a wide range of EV applications. From thermal management to bonding solutions to reducing noise and vibrations for individual parts, we’ve helped design, manufacture and deliver effective, durable solutions that enhance EV products. This whitepaper explores some of the most pressing challenges faced by EV manufacturers and how Precision Converting is uniquely positioned to deliver innovative solutions that exceed expectations.